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How did the telegraph improve market integration in late imperial China? We exploit differences in the exogenous timing of telegraph construction in different prefectures from 1870 to 1911. The empirical results show that the arrival of the telegraph within a prefecture pair reduced the ratio of...
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both prefectures decreased the monthly grain price difference by nearly 20%. Also, the telegraph boosted economic …
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We examine the ongoing transition from centrally planned to market agriculture in rural China. In particular, we examine the devolution of land rights from village governments to villagers and the corresponding evolution of tenure security in agricultural land. We find econometric support for...
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One of the major targets of modern agri-food policy in Russia is a significant increase of agri-food exports - almost … twice as much by 2024. In this projection, China is viewed as the most promising market. However, Russia's entrance to the … Chinese market faces a number of constraints. In addition to the standard difficulties associated with Russia's agricultural …
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